NOTICE TO CREDITORS OF BULK SALE AND OF INTENTION TO TRANSFER ALCOHOLIC BEVERAGE LICENSE
(UCC Sec. 6101 et seq. and B & P 24073 et seq.)
Escrow No. 9847-AK
NOTICE IS HEREBY GIVEN that a bulk sale of assets and a transfer of alcoholic beverage license is about to be made. The name(s) and business address of the Seller(s)/Licensee(s) are: SORN NIP 85 ALAMITOS AVE. LONG BEACH, CA 90802
Doing Business as: RED CARPET LIQUOR
All other business names(s) and address(es) used by the seller(s)/licensee(s) within the past three years, as stated by the Seller(s)/Licensee(s), is/are: NONE
The name(s) and business address of the Buyer(s)/Applicant(s) is/are: WASIM JALOUL 85 ALAMITOS AVE., LONG BEACH, CA 90802
The assets being sold are generally described as: FURNITURE, FIXTURES, EQUIPMENT, GOODWILL, LEASE, LEASEHOLD IMPROVEMENTS, COVENANT NOT TO COMPETE, AND ABC LICENSE and is/are located at: 85 ALAMITOS AVE., LONG BEACH, CA 90802
The type of license to be transferred is/are: 21-OFFSALE GENERAL LICENSE #564224 now issued for the premises located at: SAME
The bulk sale and transfer of alcoholic beverage license(s) is/are intended to be consummated at the office of: DETAIL ESCROW, INC, 13737 ARTESIA BLVD. #105 CERRITOS, CA 90703 and the anticipated sale date is AUGUST 14, 2020
The Bulk sale subject to California Uniform Commercial Code Section 6106.2.
The purchase price of consideration in connection with the sale of the business and transfer of the license, is the sum of $110,000.00, including inventory estimated at $30,000.00, which consists of the following: DESCRIPTION, AMOUNT: CASH $110,000.00; TOTAL $110,000.00
It has been agreed between the Seller(s)/Licensee(s) and the intended Buyer(s)/Transferee(s), as required by Sec. 24073 of the Business and Professions code, that the consideration for transfer of the business and license is to be paid only after the transfer has been approved by the Department of Alcoholic Beverage Control.
Dated: JULY 7, 2020
SORN NIP, Seller(s)/Licensee(s)
WASIM JALOUL, Buyer(s)/Applicant(s)
LA2558964 LONG BEACH CALIFORNIAN 7/14/2020